1 / 19

October 8, 2014 | NEPOOL markets committee

October 8, 2014 | NEPOOL markets committee. Jay Dwyer. ISO New England. Conforming Changes to Manuals for Net Commitment Period Compensation Payments Tariff Changes, associated clean-up, and elimination of M-29. Conforming Manual Changes for NCPC Payments. Notes on M-29 Elimination.

nell-long
Download Presentation

October 8, 2014 | NEPOOL markets committee

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. October 8, 2014 | NEPOOL markets committee Jay Dwyer ISO New England Conforming Changes to Manuals for Net Commitment Period Compensation Payments Tariff Changes, associated clean-up, and elimination of M-29 Conforming Manual Changes for NCPC Payments

  2. Notes on M-29 Elimination • In the course of reviewing M-29 for NCPC payments revisions, the ISO noted that all of what M-29 does is done elsewhere: • The summary of invoice is done more accurately and is updated more frequently in the Billing Job Aids on the ISO website; and • RBA is fully covered in the Tariff and M-28. • M-29’s Summary of Invoice section requires significant revision to reflect the new NCPC types. • M-29 has little or nothing to do with Market Participant actions.

  3. Manual Changes The Manual changes other than elimination of M-29 are to: • Conform the Manual language to the new NCPC provisions in the Tariff; • Correct errors and make clean-up changes; All these changes are summarized in the following slides

  4. M-11 NCPC Revisions (1 of 2)

  5. M-11 NCPC Revisions (2 of 2)

  6. M-35 Revisions (1 of 8) • Several revisions to M-35 not related to NCPC or Offer Flexibility were added here.

  7. M-35 Revisions (2 of 8) • Revisions (cont.)

  8. M-35 Revisions (3 of 8) • Revisions (cont.)

  9. M-35 Revisions (4 of 8) • Revisions (cont.)

  10. M-35 Revisions (5 of 8) • Revisions (cont.)

  11. M-35 Revisions (6 of 8) • Revisions (cont.)

  12. M-35 Revisions (7 of 8) • Revisions (cont.)

  13. M-35 Revisions (8 of 8) • Revisions (cont.)

  14. M-20 Revisions for NCPC • Section 2.5 Line 5 (Section III.13.5.3) Change designation time for Supplemental Capacity Resources to refer to Tariff Section; • Defined term Operating Day should be capitalized (Clean-up change).

  15. M-28 Revisions for NCPC • In addition to revisions to Sections 6.1, 8.1 and 8.2 made as part of the Energy Market Offer Flexibility revisions, the new defined term “Block” replaces “block” throughout the document.

  16. M-RPA Revision for NCPC • In Section 3.4.6.2, replace “notification period” with “Demand Resource Notification Time” to reflect revision in Section III.13.6.1.5.4.3.3 made in the Conforming Tariff changes for EMOF and NCPC.

  17. M-36 Revision for NCPC • Section 3.1: Revise the deadline for designating Forward Reserve Resources to “as provided under Market Rule 1 Section III.9.5.1”.

  18. Proposed Stakeholder Schedule • August 5-6, 2014 MC Meeting: Presentation and discussion of proposed revisions and red-lined manuals; • Today: Discussion and MC Vote on Manuals; • November: Participants Committee Vote; • December 3, 2014 effective date (to match Tariff provisions).

  19. Questions, comments and concerns

More Related